Third Party Risk Senior Regional Liaison - APAC at Wise

Singapore

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Technology, FintechIndustries

Requirements

Expertise in Third Party Risk Management (TPRM) and familiarity with group third-party management policies
Knowledge of local regulatory requirements in APAC regions, including regulatory mapping and interpretations related to third-party risks
Experience supporting IntraGroup risk activities such as materiality assessments and exit strategies
Ability to act as a liaison between central Third Party Risk function, regional entities, and stakeholders (e.g., 2L Risk and Compliance, Regional Banking and Product teams, Regional Operational leadership, Internal Audit)
Strong oversight and compliance skills for TPRM activities, including risk assessments and control maintenance

Responsibilities

Serve as the primary representative for the group's Third Party Risk framework in allocated APAC entities and regions
Ensure adherence to group third-party management policies and local regulatory requirements
Act as key liaison between central Third Party Risk function and regional entities to ensure consistent policy application
Guide local entities on policy implementation, local regulatory interpretations, and IntraGroup risk activities
Provide support to regional entities and stakeholders across management levels and lines of defense
Own localization of TPRM, including local regulatory mapping, regulatory remediation oversight, and managing outsourcing registers
Support expansion and license requests with TPRM framework input and coordination of group policies and local annexes
Assist with local quarterly risk assessments (RCSA) and third-party key indicators, interpreting group stance and assessing impacts
Maintain oversight of local controls for third-party risk management, ensuring compliance with group policies and local regulations
Identify and escalate deviations from policies or regulations, proposing corrective actions
Serve as primary Third Party Risk representative in local Business Reviews/Committees and own the Third Party Risk Regional Sync
Collaborate with local stakeholders and second line of defense to align with group TPRM policy and understand risk posture

Skills

Third Party Risk Management

TPRM

Risk Framework

Regulatory Compliance

Policy Implementation

Stakeholder Management

Risk Assessment

IntraGroup Risk

Wise

Facilitates low-cost international money transfers

About Wise

Wise focuses on international money transfers, providing a low-cost alternative to traditional banks. It uses a peer-to-peer system to match transfers between users in different countries, which helps reduce fees and offers better exchange rates. Customers pay a small, transparent fee for each transaction, and Wise also offers a multi-currency account for managing funds in various currencies. The company aims to maintain high performance and reliability while ensuring transparency and trust with its users.

London, United KingdomHeadquarters

2011Year Founded

$385.5MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

5,001-10,000Employees

Benefits

PTO & annual leave

Work from home flexibility

Parental leave

Medical insurance plans

Health & wellbeing discounts

Pension & retirement plans

Social events

Relocation support

Risks

Increased competition from banks integrating Swift services could challenge Wise's market share.

Regulatory scrutiny following Stenn's collapse may increase pressure on Wise.

Bitcoin's low transaction fees could attract customers away from Wise's services.

Differentiation

Wise offers a peer-to-peer system for low-cost international money transfers.

The company provides a multi-currency account for ex-pats, freelancers, and travelers.

Wise's transparent fee structure attracts customers seeking cost-effective money transfer solutions.

Upsides

Partnership with Morgan Stanley enhances Wise's cross-border settlement capabilities.

Expansion into India's remittance market presents significant growth opportunities for Wise.

API integrations offer additional revenue streams and market penetration for Wise.

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